Home breadcru News breadcru Market Intelligence breadcru  | Italian luxury market split: Moncler revenue up, Ferragamo sees drop

Prime Content | 
Italian luxury market split: Moncler revenue up, Ferragamo sees drop

09 Mar '24
3 min read
Pic: JHVEPhoto - stock.adobe.com
Pic: JHVEPhoto - stock.adobe.com

Insights

  • In 2023, Italian luxury groups showed contrasting performances: Salvatore Ferragamo's revenue fell by ***.*, with declines across most markets and product categories, lacking profitability data.
  • Conversely, Moncler celebrated a decade on Milan stock exchange, with revenues up **%**, and growth in EBIT, net income and a strong financial position.

Salvatore Ferragamo S.p.A. (EXM: SFER)

Florence-based Salvatore Ferragamo S.p.A.—the parent company of the Salvatore Ferragamo group—is renowned for the creation, production, and worldwide distribution of luxury collections of shoes, leather goods, apparel, silk products, and other accessories for men and women, also including eyewear, watches, and fragrances under licence.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!